AltLayer, a top Raas (Rollups-as-a-Service) service provider that made a splash in Rollup Summer, has now upgraded its staking platform and launched a re-staking feature.
🔶 This article deeply analyzes the re-staking ecosystem of $ALT and the development blueprint of Altlayer.
1/ Unique reAlt re-staking mechanism
So far, AltLayer is the only Rollup platform that provides re-staking services.
AltLayer has designed a self-contained re-staking model. The reALT token is the core of this mechanism, an innovative automatic compounding ERC-20 token. Staking $ALT tokens can obtain reALT, which can capture the user's ALT staking contribution and accumulate compound rewards.
This mechanism is actually an automatic compounding model. Users do not need to manually reinvest the rewards they receive. They can obtain accelerated growth in returns simply by staking.
2/ Innovation of ALT Restaked Rollup and Launchpool
AltLayer’s Restaked Rollup is an advanced rollup solution that combines the existing rollup technology stack with EigenLayer’s re-staking mechanism.
The core of this technology is to improve the security and decentralization of the network, while providing fast final confirmation and effective state verification. These features make Restaked Rollup very easy to be widely used.
Additionally, users can choose to re-stake their ALT tokens and delegate them to different Launchpools, which can make them eligible for future rewards from projects such as Xterio, SWELL, and DODO. This re-staking mechanism increases the flexibility of user participation and provides them with additional reward opportunities.
3/ Role and contribution in various ecological fields of Ethereum
1. AVS core publishing platform:
AltLayer is the core release platform of AVS, which means it provides a framework that allows the deployment and management of various verification services, which are key to ensuring network security and efficiency. AVS enhances the reliability and transparency of the entire network by providing services such as real-time data verification, transaction audits and other key performance indicators.
2. AVS maximum node:
As the largest node of AVS, AltLayer has the important responsibility of data processing and verification in the network. This role ensures AltLayer's key position in maintaining the overall security and stability of the network, enabling it to effectively process large amounts of data and transactions, ensuring the efficient operation of the entire ecosystem.
3. EigenDA’s largest contributors and partners in the EigenLayer ecosystem:
AltLayer's collaboration with EigenLayer is mainly focused on the development and implementation of EigenDA (Decentralized Agreements). EigenDA is a technology designed to improve blockchain interoperability and scalability. As the largest contributor, AltLayer not only provides resources to support the development of EigenDA, but also promotes its application and maturity in the market through technology and expertise.
🔶 Conclusion
AltLayer is gradually developing its development blueprint as an all-around scaling accelerator for Ethereum, accelerating the maturity and development of Ethereum and the entire blockchain ecosystem, and providing users and developers with more efficient and economical solutions. With the advancement of technology and the expansion of the market, AltLayer may become a key force in promoting the development of Ethereum and other blockchain technologies.
